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Five Alls, Gosport

Gosport, PO12 4TD

Your investment

£10,500

Agreement Type

Tenancy
  • Zero business rates*
  • Densely populated residential area
  • Potential to grow business

The Five Alls is located on the corner of Victoria Street and Forton Road in the busy town of Gosport. The pub is a wonderful Victorian property, occupying a prominent corner plot with main road frontage onto Forton Road, which is the main A32 trunk road into Gosport from the M27 and Fareham. The pub is only 5 minutes walk into the centre of Gosport and is situated in a densely populated area, which provides constant footfall for the business. Gosport itself is located on the south coast of Hampshire and is on the Western side of Portsmouth Harbour facing across the water to Portsmouth itself. Gosport is a bustling Naval town with various shopping centres and marinas to visit and Portsmouth is a beautiful historic Naval City that has an abundance of architecture and culture as well as hospitality and commerce to suit the locals and the tourists alike.

Pub Layout

The pub has a large open plan trade area, which is dominated by the long central bar servery. The bar is located directly in front of the customer upon entering the premises, to the left is seating space which is made up of a mixture of fixed and loose seating and extends itself around the bar, here you will also find one of several TV’s which are located throughout the pub. This then leads onto a private tucked away area at the back of the bar which has further seating and a darts board. To the right of the bar is the pool table and access to the courtyard garden space which has space for several benches, proving popular in the summer months. There is a small catering kitchen located off the corridor to the right of the main bar which is equipped to service a bar snack food offer.

The retail offer is heavily wet led with a good cask ale following, particularly Hobgoblin Gold. With sports teams, live sports and a popular weekly itinerary, the Five Alls is a great local community venue which has great support from the residents and loyal customer base. Pub quizzes, karaoke, raffles and live entertainment are generally popular at the site and the sun trap courtyard garden is a lovely place to spend the summer evenings before a short stroll home.

Private Accommodation

The domestic accommodation is located on the first floor and is very generously laid out. Consisting of 3 good sized bedrooms, a lounge, a kitchen, an office and a bathroom, it has been well maintained by the licensee and is presented in excellent condition.

Annual Rent: £22,500

Security Deposit: £5,000

Working Capital: £2,500

Stock: £3,000

Business Rates: £Nil.  Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.

Fixtures and Fittings: To be confirmed upon valuation –  funding options may be available for the right licensee.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £325 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

The Five Alls has a huge amount of potential that is waiting to be unlocked with the new licensee. A dynamic retailer with excellent/uncompromising retail standards, customer service and communication, will be able to grow both wet and dry sales and ensure the Five Alls is the go to public house in the Gosport. A good knowledge of the local area, a passion for knowing your drinks menus and an active social media awareness will help to boost this pub to the next level. With its loyal customer base and excellent reputation, this is an exciting opportunity for aspiring publicans to take the reins of a beloved community pub.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *


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